This text examines the role of ethics in the business world
and ethical dilemmas encountered by managers. Ethical decisions
do not take place in a vacuum. Many people, all with their own
interests and standards, are involved in business encounters
every day. "Stakeholder and Issues Management" is this text's
unique approach to teaching business ethics. It pays special
attention to the relationships among the many and varied stakeholders
that have roles in business situations. These stakeholders include
the market and non-market entities that affect a business. Ethical
issues must be addressed by individuals, groups, corporations,
and even nations in very different ways, and the consequences
differ with each person or group involved. This text gives students
practical tools to handle moral dilemmas in the workplace and
the world. Topics include risk management, preferential hiring,
corporate legitimacy and moral accountability.